First International Bank of Grenada
id:
first-international-bank-of-grenada-197-6823137
title:
First International Bank of Grenada
text:
The First International Bank of Grenada (FIBG) was an offshore bank that operated between 1996 and 2000, duping thousands of people in a Ponzi scheme. Four people were indicted, the result of a collaborative effort between the FBI and the Internal Revenue Service, estimating a monetary loss from investors at over $170 million. The scheme was first reported by David Marchant, the publisher of OffshoreAlert, a Miami-based newsletter. The bank was put in liquidation with liabilities of $473 million
brand slug:
wiki
category slug:
encyclopedia
description:
Offshore bank involved in a Ponzi scheme
original url:
https://en.wikipedia.org/wiki/First_International_Bank_of_Grenada
date created:
date modified:
2023-09-24T14:41:57Z
main entity:
{"identifier":"Q18389941","url":"https://www.wikidata.org/entity/Q18389941"}
image:
fields total:
13
integrity:
14